May 25, 2016 2:04 PM ET

Food Products

Company Overview of Grupo Bimbo, S.A.B. de C.V.

Company Overview

Grupo Bimbo, S.A.B. de C.V., together with its subsidiaries, manufactures, distributes, and sells bread, premium bread, muffins and bagels, frozen bread, cakes and pastries, sweet cookies and crackers, salty snacks, tortillas, pitas, wraps, pizza bases, tostadas and totopos, salads, candies, prepackaged foods, and other confectionaries. Its principal brands include Bimbo, Barcel, Pullman, Oroweat, Sara Lee, Ideal, New York, Arnold, Entenmann’s, Nutrella, Supan, Marinela, Ricolino, Dempster’s, Vachon, Thomas’, Tia Rosa, and Pom. The company operates in Mexico, the United States, Canada, Central and South America, Spain, Portugal, the United Kingdom, and China. Grupo Bimbo, S.A.B. de C.V. was ...

Prolongación Paseo de la Reforma No. 1000

Colonia Peña Blanca Santa Fe

Delegación Álvaro Obregón

Mexico, DF 01210

Mexico

Founded in 1945

127,393 Employees

Phone:

52 55 5268 6600

Key Executives for Grupo Bimbo, S.A.B. de C.V.

Grupo Bimbo, S.A.B. de C.V. does not have any Key Executives recorded.

Grupo Bimbo, S.A.B. de C.V. Key Developments

Grupo Bimbo Eyes Acquisitions

Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBO A) is looking for acquisition opportunities. Daniel Servitje, Chief Executive Officer of Grupo Bimbo, said, we’re always looking for different opportunities arising in the markets. And our focus now, our main focus is on closing the Spanish deal, and that's what we have mainly on the pipeline. And over the year, we will continue to basically execute our CapEx plan as we have develop it. And there might be some other bolt-on acquisitions that we do over the year.

Grupo Bimbo, S.A.B. de C.V. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2016

Grupo Bimbo S.A.B. de C.V. reported consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net sales of MXN 56,638 million against MXN 50,048 million a year ago. Profit before other income (expenses), net was MXN 4,033 million against MXN 3,132 million a year ago. Operating profit was MXN 3,879 million against MXN 2,575 million a year ago. Income before taxes was MXN 2,637 million against MXN 1,593 million a year ago. Net income was MXN 1,585 million against MXN 1,005 million a year ago. Adjusted EBITDA was MXN 5,750 million against MXN 4,260 million a year ago. Net cash flow from operating activities was MXN 2,888 million against MXN 326 million a year ago.

Grupo Bimbo, S.A.B. de C.V. to Report Q1, 2016 Results on Apr 26, 2016

Grupo Bimbo, S.A.B. de C.V. announced that they will report Q1, 2016 results on Apr 26, 2016

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 25, 2016
Panrico, S.A.U
Merger/Acquisition
April 19, 2016
General Mills, Inc., Frozen Bread Business in Argentina
Merger/Acquisition
July 23, 2015
Italian Home Bakery Ltd.
 

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